Crude Oil and Condensate Production โ - Crude Oil and Condensate Production refers to the total volume of crude oil and lease condensate extracted from oil and gas reservoirs within a country during a given year. It is typically measured in thousand barrels per day (kb/d) and represents the production of unrefined liquid hydrocarbons before processing or refining. Crude oil is the naturally occurring liquid petroleum extracted from underground reservoirs, while condensate is a light hydrocarbon liquid that separates from natural gas when pressure and temperature decrease during production. This indicator provides insight into a country's upstream petroleum production capacity, resource availability, and contribution to global oil supply.
Measured in thousand barrels per day, the dataset reflects the volume of crude oil and condensate produced from domestic oil fields, making it an important indicator of upstream petroleum activity, production capacity, resource development, and national energy supply.
India produced 772 thousand barrels per day of crude oil and condensate in 2015, declining to 752 thousand barrels per day in 2016 and 744 thousand barrels per day in 2017. Production continued to decrease to 719 thousand barrels per day in 2018 and 677 thousand barrels per day in 2019, reflecting lower output from mature oil fields. In 2020, production declined further to 636 thousand barrels per day as operational challenges and reduced investment affected upstream activity. Output continued to ease to 620 thousand barrels per day in 2021 and 609 thousand barrels per day in 2022. In 2023, production declined slightly to 605 thousand barrels per day, the lowest level recorded during the review period.
Overall, the dataset demonstrates a consistent long-term decline in India's crude oil and condensate production between 2015 and 2023. The steady reduction reflects the maturity of existing oil fields, limited growth in domestic production, and increasing dependence on imported crude oil to meet rising energy demand. The dataset provides valuable insights for monitoring domestic production performance, evaluating upstream sector trends, supporting supply forecasting, informing energy policy, and assessing future investment opportunities. It also serves as a reliable resource for governments, researchers, investors, and industry stakeholders analyzing the long-term outlook of India's petroleum industry.